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The Elvis Presley ring is described as the
first in a series of rings with the TCB (Taking Care of
Business) letters and lightning bolt motif that the singer
adopted as his mantra in 1969 when he returned to performing
concerts after focusing on movies.
"It's the quintessential Elvis jewelry piece," said Brigitte
Kruse, founder of GWS Auctions. Kruse said she thought the ring
could fetch anything between $500,000 and $1 million at the
300-item auction on Nov. 28.
Presley gave the ring, which has a total 2.25 carats of diamonds
and which he designed himself, to his opening band singer J.D.
Sumner in 1975.
Presley, who died in 1977 at age 42, was also a motor bike fan.
A 1975 FLH 1200 Harley-Davidson that he liked to ride around his
Graceland estate in Memphis carries a pre-sale estimate of
$300,000 - $350,000, GWS said. Another of Presley's bikes was
sold for $800,000 in September 2019.
The most expensive lot could be a collection of master tapes
from the 1969 Woodstock festival that sat in a producer's
storage locker for more than 10 years and have never been
available for sale before.
The 700 plus hours of tapes, independently valued at $1.6
million, include performances by Jimi Hendrix, Janis Joplin, The
Who and dozens more artists who took part in what is seen as a
cornerstone of hippie culture.
Kruse said it was difficult to estimate how much the Woodstock
tapes might sell for. "There's just nothing to compare it to,"
she said. "Every now and then we bump into those pieces that are
truly exceptional and things you wouldn't even think still
existed."
(Reporting by Jill Serjeant and Omar Younis; Editing by David
Gregorio)
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